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    Question

    Which payment method is known for its "Immediate Payment

    Service" in India?
    A RTGS Correct Answer Incorrect Answer
    B NEFT Correct Answer Incorrect Answer
    C UPI Correct Answer Incorrect Answer
    D IMPS Correct Answer Incorrect Answer
    E ECS Correct Answer Incorrect Answer

    Solution

    IMPS, or Immediate Payment Service, is a realtime interbank payment system that allows instant money transfers between banks in India, available 24/7, including holidays.

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